CPMhttp://blogs.forrester.com/taxonomy/term/9216/all
enIBM Makes A Good Catch With Clarity Systems Acquisitionhttp://blogs.forrester.com/paul_hamerman/10-10-21-ibm_makes_a_good_catch_with_clarity_systems_acquisition
<p>Today, IBM announced the acquisition of privately-held Clarity Systems for an undisclosed sum. The acquisition bolsters IBM's solution set for the CFO, and complements its recent acquisition of OpenPages, a governance, risk, and compliance (GRC) vendor. Clarity, based in Toronto, had approximately 390 employees and 600 customers at the time of this deal.</p>
<p>Clarity Systems is a Strong Performer in &quot;<a href="http://www.forrester.com/rb/Research/wave%26trade%3B_business_performance_solutions%2C_q4_2009/q/id/48391/t/2">The Forrester Wave&trade;: Business Performance Solutions, Q4 2009</a>&quot;, offering a very good planning, budgeting, and forecasting solution as part of its flagship product, Clarity 7, along with an improved financial consolidations component. During the past few years, Clarity developed a market-leading regulatory reporting solution, Clarity FSR, which supports the process of creating full SEC filings and also embeds technology for XBRL reporting. IBM Cognos is ranked as a Leader in the same comparative evalution.</p>
<p>The success of FSR alone during the past two years made the large BPS vendors, IBM, SAP, and Oracle, envious of Clarity's success. Oracle made a competitive response early this year with the release of Oracle Hyperion Disclosure Management. It seemed to this observer that SAP would make the next move by doing a deal to acquire Clarity, but IBM beat them to the punch.</p><a href="http://blogs.forrester.com/paul_hamerman/10-10-21-ibm_makes_a_good_catch_with_clarity_systems_acquisition" title="Read the rest of &#039;IBM Makes A Good Catch With Clarity Systems Acquisition&#039;." class="node_read_more">Read more</a><div class="categories"><h3>Categories:</h3><ul class="links"><li class="taxonomy_term_9214 first"><a href="/category/bps" rel="tag" alt="See other content with this tag." title="See other content with this tag.">BPS</a></li>
<li class="taxonomy_term_9218"><a href="/category/cfo" rel="tag" alt="See other content with this tag." title="See other content with this tag.">CFO</a></li>
<li class="taxonomy_term_9216"><a href="/category/cpm" rel="tag" alt="See other content with this tag." title="See other content with this tag.">CPM</a></li>
<li class="taxonomy_term_9213"><a href="/category/clarity_systems" rel="tag" alt="See other content with this tag." title="See other content with this tag.">Clarity Systems</a></li>
<li class="taxonomy_term_9212"><a href="/category/cognos" rel="tag" alt="See other content with this tag." title="See other content with this tag.">Cognos</a></li>
<li class="taxonomy_term_9215"><a href="/category/epm" rel="tag" alt="See other content with this tag." title="See other content with this tag.">EPM</a></li>
<li class="taxonomy_term_9217"><a href="/category/finance" rel="tag" alt="See other content with this tag." title="See other content with this tag.">Finance</a></li>
<li class="taxonomy_term_239"><a href="/category/ibm" rel="tag" alt="See other content with this tag." title="See other content with this tag.">IBM</a></li>
<li class="taxonomy_term_303 last"><a href="/category/business_performance_solutions" rel="tag" alt="See other content with this tag." title="See other content with this tag.">business performance solutions</a></li>
</ul></div>http://blogs.forrester.com/paul_hamerman/10-10-21-ibm_makes_a_good_catch_with_clarity_systems_acquisition#commentsBPSBusiness ProcessCFOCPMClarity SystemsCognosEPMFinanceIBMbusiness performance solutionsThu, 21 Oct 2010 14:41:35 +0000Paul Hamerman5245 at http://blogs.forrester.com